Oil prices are going up due to Middle East conflicts

[Rubuchi]

This is very unfortunate that we are not seeing any end of this conflict. The second round of peace talk failed to start after US attacked and seized an Iranian cargo ship. Iran has lost its top leadership in this war and that is why they are determined for revenge. You are right that US want to end this war as a winner and that is why they are dictating there terms and conditions which are rejected by Iran. If this war continuous then oil prices will further go up due to which every country in the world will suffer.

the intention of the US government was to destabilize the Iran government by killing its superpower supreme leader then bring somebody they can easily control through that process like they have always done in other countries. We see the case of Moduro in Venezuela recently but what they also did not understand was that Iran is a different country under a different leadership and ideological belief system. When it comes to Iran case, it is more of core religious beliefs than anything plus I am sure they didn’t plan to destroy the whole of the leaders who were lost alongside the supreme leader because one of those people though unknown to myself was meant to take over from the supreme leader, unfortunately the person was lost to a collateral damage.

[r_victory]

It seemed that the price would decrease and even return to a certain level of normality, but the barrel hit over $100 again. The conflicts, despite the established "truce," have not yet ended, and any given reason could restart them. Everything is still very uncertain; it is too early to consider any resolution. It is possible that the price will remain high until this is resolved.

[Onyeeze]

I want to let us know that oil price cannot stop not to be going on or up unless the battle between Iran and the Israel is being negotiated and the settled amicably so at this point the price of oil will continue to increase because the boundary or the central place oil passes to reach the order nations has being block due to the crisis so that is one of the things that will make the price of oil to continue to increase above what we expected or what we are expecting

[Swordsoffreedom]

I want to let us know that oil price cannot stop not to be going on or up unless the battle between Iran and the Israel is being negotiated and the settled amicably so at this point the price of oil will continue to increase because the boundary or the central place oil passes to reach the order nations has being block due to the crisis so that is one of the things that will make the price of oil to continue to increase above what we expected or what we are expecting

The war has entered its 56th day, and the Strait of Hormuz has been closed for more than 50 day. Therefore, I think the opposite. I do not believe oil price will continue to rise and reach record highs even if the war continues. I think oil prices have peaked

However, if the war does not end soon and the strait is not reopened. Oil prices could remain above $100 for an extended period until the conflict end. And if oil prices remain at $100 for an extended period, that would be enough to shake the global economy.

[EarnOnVictor]

You don't have to blame nations or the people for switching to emergency mode. China supplies fuel to many countries in my continent. But they have stopped supplies because they want to focus on domestic consumption. National interest supersedes any trade agreement or external relations.

Nations and people can be blamed in this, as they are the ones who cause the issues to be aggravated more than how it is. Note that some good countries did stabilise the price. But in my country, by just hearing the news alone, the pump price was more than double. In the name of what devil's arithmetic is that? We cause ourselves pains more than how the situation is in the name of maximising profits, and go and check, it during inflation and other economic woes that some people/companies make most profits.

The oil producing nations that is also a consuming nations (relies mostly on importation) but still allow the rise should be ashamed of themselves. My country has crude oil and a refinery big enough to supply the whole continent, and yet the government allowed that to happen, and now inflation is bitting again, something that just stabilised before the war. What a ridiculous management! What benefits do you get from the government as an oil producing nations' citizens?

[sunsilk]

I want to let us know that oil price cannot stop not to be going on or up unless the battle between Iran and the Israel is being negotiated and the settled amicably so at this point the price of oil will continue to increase because the boundary or the central place oil passes to reach the order nations has being block due to the crisis so that is one of the things that will make the price of oil to continue to increase above what we expected or what we are expecting

It's expected that the price isn't going down any time soon. The negotiations are still there but they're unlikely to be agreed with.

I guess that we're leaning onto some settlements but it's probably the best thought for each of us not to expect something good on this negotiations.

Both won't agree with their terms and so, there's no agreement and deal that will come out as soon as possible.

[free-bit.co.in]

It seemed that the price would decrease and even return to a certain level of normality, but the barrel hit over $100 again. The conflicts, despite the established "truce," have not yet ended, and any given reason could restart them. Everything is still very uncertain; it is too early to consider any resolution. It is possible that the price will remain high until this is resolved.

Even if the war ends and a lasting peace agreement is signed, don't expect oil prices to plummet and things to return to normal in the short term.

The war not only severely disrupted shipping lanes in the Strait of Hormuz but also inflicted heavy damage on infrastructure and the oil supply chain in the Middle East. Therefore, even if the war ends, supply is unlikely to recover quickly in the short term.

[Onyeeze]

I want to let us know that oil price cannot stop not to be going on or up unless the battle between Iran and the Israel is being negotiated and the settled amicably so at this point the price of oil will continue to increase because the boundary or the central place oil passes to reach the order nations has being block due to the crisis so that is one of the things that will make the price of oil to continue to increase above what we expected or what we are expecting

It's expected that the price isn't going down any time soon. The negotiations are still there but they're unlikely to be agreed with.

I guess that we're leaning onto some settlements but it's probably the best thought for each of us not to expect something good on this negotiations.

Both won't agree with their terms and so, there's no agreement and deal that will come out as soon as possible.

that is the Hope of everybody that soon the negotiation will be settled and both countries will agree for peace, but right now the problem is on peace talk, the price of oil is expected to come down but the way we are seen things right away the price of oil and petrol it affects in different countries is yet to come to down, but if the negotiation is accepted the price of oil will fully calm down...

[dansus021]

—snip—

This unresolved conflict that has continuously affected everything in the middle east now needs serious attention as the increase in the price of crude oil all happened because of the war and can never be regulated until the end of the war. With the way things are going now i think and know the price of crude oil will continue skyrocketing until the end of the war if not the worst on the increase in that price will still continue.
Although every problem has solution, if the increase in price of crude becomes a problem i think most nations in the eastern part of the world will be faced with know option than to diversify into other source of energy as proposed earlier before now

Well you have a good point, this might become a large fuel to a country move away from fossil fuel into more renewable energy or diversify it. to be honest war is always bad for both parties and now became problem for other country aswell, I just hope that United states and Iran have a full discussion to finish this.

Because of it, I hope that other countries should notice that we cant depend lot to another country especially energy.

[Signosmomentum]

Even if the war ends and a lasting peace agreement is signed, don't expect oil prices to plummet and things to return to normal in the short term.

The war not only severely disrupted shipping lanes in the Strait of Hormuz but also inflicted heavy damage on infrastructure and the oil supply chain in the Middle East. Therefore, even if the war ends, supplies are unlikely to recover quickly in the short term.

It will take several years before they fix the infrastructure that underpins the supply chain. Countries that were dependent on these regions will have to seek other sources or pay higher prices. If the war ends, things will not go back to normal instantly; there will be a period during which they assess the damage and rebuild, and this will take years.
The good thing is oil will flow out even if the price is high, it's better to have oil at a higher price than no oil at all.

[UmerIdrees]

It seemed that the price would decrease and even return to a certain level of normality, but the barrel hit over $100 again. The conflicts, despite the established "truce," have not yet ended, and any given reason could restart them. Everything is still very uncertain; it is too early to consider any resolution. It is possible that the price will remain high until this is resolved.

Yup, the oil prices won't be getting lower in some countries even if they go down in the global markets. I am talking about my country, where the government is increasing the petroleum prices every week, while the prices have recently been going down and our petroleum minister is raising the petrol prices.  

I think most underdeveloped countries, or those with corrupt leaders, are using the excuse of war tensions to increase inflation in their countries and make money for themselves. There is no one to stop them, no checks and balances. This war will have long lasting results, even if it ends early and is not prolonged.

[Oluwa-btc]

I want to let us know that oil price cannot stop not to be going on or up unless the battle between Iran and the Israel is being negotiated and the settled amicably so at this point the price of oil will continue to increase because the boundary or the central place oil passes to reach the order nations has being block due to the crisis so that is one of the things that will make the price of oil to continue to increase above what we expected or what we are expecting

The war has entered its 56th day, and the Strait of Hormuz has been closed for more than 50 day. Therefore, I think the opposite. I do not believe oil price will continue to rise and reach record highs even if the war continues. I think oil prices have peaked

However, if the war does not end soon and the strait is not reopened. Oil prices could remain above $100 for an extended period until the conflict end. And if oil prices remain at $100 for an extended period, that would be enough to shake the global economy.

The Strait of Hormuz is open to people ready to pay the toll fees and most importantly, it was recently opened to Spain, Russia and China. Asides that, some African nations like Liberia, South Africa and Gabon. The only people blocking others would be the US blockade, blocking people from paying and accessing the strait same time seizing from those who got to access the strait. That is Piracy in the highest level. It seems that way since they are not yet to negotiate with the US government until their terms and conditions have been agreed upon.

[free-bit.co.in]

Yup, the oil prices won't be getting lower in some countries even if they go down in the global markets. I am talking about my country, where the government is increasing the petroleum prices every week, while the prices have recently been going down and our petroleum minister is raising the petrol prices.  

I think most underdeveloped countries, or those with corrupt leaders, are using the excuse of war tensions to increase inflation in their countries and make money for themselves. There is no one to stop them, no checks and balances. This war will have long lasting results, even if it ends early and is not prolonged.

You need to know one thing: the world oil prices we check daily are for crude oil, not refined products. Therefore, the slight decline in global crude oil prices is not enough to bring about an immediate sharp drop in retail gasoline prices.

Not to mention, retail gasoline prices also depend on the costs of refining, transportation, taxes...So, do not rush to complain and blame the government before you fully understand what is happening.

[SquallLeonhart]

It seemed that the price would decrease and even return to a certain level of normality, but the barrel hit over $100 again. The conflicts, despite the established "truce," have not yet ended, and any given reason could restart them. Everything is still very uncertain; it is too early to consider any resolution. It is possible that the price will remain high until this is resolved.

Even if the war ends and a lasting peace agreement is signed, don't expect oil prices to plummet and things to return to normal in the short term.

The war not only severely disrupted shipping lanes in the Strait of Hormuz but also inflicted heavy damage on infrastructure and the oil supply chain in the Middle East. Therefore, even if the war ends, supply is unlikely to recover quickly in the short term.

While that may not be the case right now, it will definitely be the case after a while. Because the oil was still produced, maybe it's not as much produced as it used to be, but it's still produced and all of it is still waiting there to go. That means, the moment they open it, we will see ships leaving their ports and going there to get as many oil as possible and suddenly there will be a huge influx of oil going into the market all at the same time.

We just need to be sure about it first, because like we saw with the ceasefire, it could be said that it's done, and as you are getting read to leave, the war could be starting again. So for this to happen we need to make sure that we are going to end up with a war end for sure.

[Cheema02]

The conflict will continue for a while longer and we have to accept that, it's clear that we are not going to see this ending anytime soon. Iran will not leave until every single regime supporter is dead, they will continue until their last breath and because of that we are not going to see them stop and ask less, they will continue to demand the same things.

USA is out there doing the bidding for Israel, so they do not actually have anything to say, they just want this to be over, but not seen as losers, that's all they want. Israel on the other hand just wants to keep attacking Iran or their allies, and as long as that continues, the war will not end.

Your point highlights the conditions of people when the war is not stopped for long time. Currently the conflict between Iran , Israel and USA is based on multiple interests and not a single a reason of conflict is identified. And in this conflict one side is not stopped the war and the other side continuesly pay response of the strikes. And also you are right that multiple attacks on a Country push the  peace and also political pressure and economic loss also tens the  situation. But in history many long term conflicts can going to temporary ceasefires. So the learning point. So the learning point is that the current situation of Iran Israel is seems to be going for long term but its depends on strong diplomacy.

[ZAINmalik75]

Even if the war ends and a lasting peace agreement is signed, don't expect oil prices to plummet and things to return to normal in the short term.

The war not only severely disrupted shipping lanes in the Strait of Hormuz but also inflicted heavy damage on infrastructure and the oil supply chain in the Middle East. Therefore, even if the war ends, supply is unlikely to recover quickly in the short term.

You are right, because US analysts have predicted that it could take at least 6 months, or even more, for things to return to normal. More than 80 facilities have been affected in this war. Many wells were shut off, and several gas reservoirs were secured and closed to prevent bigger disasters. That is why we are seeing reduced exports from Iran and other Gulf countries.

The affected countries have used a large portion of their reserves, which is one reason oil prices are skyrocketing. The US is not the biggest importer of oil from Gulf countries, but it has still been heavily impacted by this situation, and prices there have also been affected.

The infrastructure damage may be greater than what is being reported, although sometimes reports can differ depending on the narrative being presented.

[sunsilk]

It's expected that the price isn't going down any time soon. The negotiations are still there but they're unlikely to be agreed with.

I guess that we're leaning onto some settlements but it's probably the best thought for each of us not to expect something good on this negotiations.

Both won't agree with their terms and so, there's no agreement and deal that will come out as soon as possible.

that is the Hope of everybody that soon the negotiation will be settled and both countries will agree for peace, but right now the problem is on peace talk, the price of oil is expected to come down but the way we are seen things right away the price of oil and petrol it affects in different countries is yet to come to down, but if the negotiation is accepted the price of oil will fully calm down...

I guess that we will see batches of oil price hike for the upcoming weeks. Trump keeps on posting about the potential negotiation but later, he said that there won't be as well.

It's Iran that's now demanding of what they really want. I think that Trump should negotiate with that but he won't.

We're all the pawns of these wars affected by the impact of it but I feel pity for the actual innocent lives in the ground.

[free-bit.co.in]

I guess that we will see batches of oil price hike for the upcoming weeks. Trump keeps on posting about the potential negotiation but later, he said that there won't be as well.

It's Iran that's now demanding of what they really want. I think that Trump should negotiate with that but he won't.

Until peace is restored, oil prices will not fall anytime soon. However, I do not think it will go any higher. I mean, it will not break any new records. Oil prices will fluctuate around $100 until the war is completely over.
Nearly two months have passed, and the economy is gradually adapting to the war.

We're all the pawns of these wars affected by the impact of it but I feel pity for the actual innocent lives in the ground.

We are merely pawns, tools for politicians to use. They never cared about us and were willing to make sacrifices to achieve their political goals.

[yhiaali3]

It is true that the war is in a limited geographical area, but its effects extend to the whole world because the Middle East region is considered the heart of the world, both in terms of the presence of most of the energy supplies in it and in terms of it being an important passage for international trade.

This particular point is what gives Iran the power to stand up to the United States, the strongest power on earth, because it controls the Strait of Hormuz, which is considered the lifeline of the world's oil trade, as all ships carrying oil from the Gulf region to the world pass through it.

As the war continues, fuel prices have risen significantly and continue to rise, and with them, all other basic commodities are rising because they are linked in one way or another to oil or transportation. Unless an agreement is reached soon between the United States and Iran, the world will enter a real energy crisis.

[Oluwa-btc]

It's expected that the price isn't going down any time soon. The negotiations are still there but they're unlikely to be agreed with.

I guess that we're leaning onto some settlements but it's probably the best thought for each of us not to expect something good on this negotiations.

Both won't agree with their terms and so, there's no agreement and deal that will come out as soon as possible.

that is the Hope of everybody that soon the negotiation will be settled and both countries will agree for peace, but right now the problem is on peace talk, the price of oil is expected to come down but the way we are seen things right away the price of oil and petrol it affects in different countries is yet to come to down, but if the negotiation is accepted the price of oil will fully calm down...

I guess that we will see batches of oil price hike for the upcoming weeks. Trump keeps on posting about the potential negotiation but later, he said that there won't be as well.

It's Iran that's now demanding of what they really want. I think that Trump should negotiate with that but he won't.

We're all the pawns of these wars affected by the impact of it but I feel pity for the actual innocent lives in the ground.

We don't know that yet. These post from him are obviously an inside profit marketing schemes they've been doing ever since the war kicked off.

Yeah, Iranians are refusing to negotiate further and they hold and call all the shots. Donald Trump would most likely do that but Prime minister Netanyahu would breach it. I don't know what he has on Trump constantly using to pressure his ass.